Ireda raises ₹1,500 crore

IREDA successfully raised ₹1,500 crore through oversubscribed bonds, featuring a base issue of ₹500 crore and a green shoe option of ₹1,000 crore. The bonds, offering an annual interest rate of 7.44% over a 10-year and 2-month tenure, garnered significant investor interest, oversubscribed by 2.65 times.